Home/Michigan/Montmorency County

Montmorency County Housing Market

Michigan · 83 counties · Ranked #996 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$142,000

vs national$142,000 vs $281,900 national

Median Gross Rent

$811/mo

vs national$811 vs $1,163 national

Effective Tax Rate

0.92%

vs national0.92% vs 1.02% national

Median Household Income

$47,803

vs national$47,803 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

39.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,309

Tax as % of Home Value

0.92%

Monthly Owner Cost

$705

Renter Income

$24,000

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Frequently Asked Questions

What is the median home value in Montmorency County?

The median home value in Montmorency County is $142,000. This is below the national median of $281,900.

How much is rent in Montmorency County?

The median gross rent in Montmorency County is $811 per month.

What is the property tax rate in Montmorency County?

The effective property tax rate in Montmorency County is 0.92%. The median annual property tax bill is $1,309.

Is Montmorency County affordable?

With a home-value-to-income ratio of 3x, Montmorency County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.